Social Exchange Theory the teacher an e-mail states. In words, explain . Your answer pages double spaced. 1. What Social exchange Theory? 2. List focus assumptions Social Exchange Theory describe . 3. How concepts work theory?

What is social exchange theory?

Social exchange theory views human beings as essentially self-interested creatures. 'What's in it for me?' is the underlying question behind all human actions. People engage in social interactions and relationships to obtain benefits for themselves, whether these benefits are economic, social, or personal in nature.

List some focus and assumptions of social exchange theory and describe one of them.

Human beings are assumed to be rational in their behaviors and motivations, and are capable of calculating what is the best of a series of given alternatives to maximize personal gains. There is also an assumption that humans are capable of assimilating enough...

Their focus is on external rewards and relationships.
People are goal-oriented, although different people may have different goals, and goals are culturally relative in nature.

"Social credit is preferable to social indebtedness" -- in other words, people like to have power within their social relationships (Witt 2010).

Q3. How do the following concepts work in this theory?

a. Reward and cost: Individuals are reward-seeking by nature. They calculate how much reward they are likely to receive from a given social relationship or exchange, and how much the relationship will cost them, in terms of what they have to give up (money, status, etcetera) to sustain it. Only if the rewards exceed the costs, will the individual concede (Witt 2010).

b. Profit: Profit is defined…